TOKYO, Mar 25 (Pulse News Wire) – Synspective Inc. (290A.T) announced its selection for the second phase of the Space Strategy Fund, led by the Japan Aerospace Exploration Agency (JAXA).
The project focuses on enhancing observation functions for next-generation earth observation satellites through frequency scan SAR technology aimed at high-resolution, wide-area small SAR satellite orbital validation. Under the initiative, Synspective will develop, launch, and manufacture satellites, with funding covering up to 100% of eligible expenses. The support period runs from the grant decision date until March 31, 2032 (estimated). The total support limit, inclusive of indirect costs, is set at ¥3.768 billion.
However, this amount may fluctuate based on Stage Gate Hyoukatou. This funding does not factor into the previously disclosed fiscal year 2026 December term performance forecast released on February 13, 2026. A detailed update will be provided once the grant amount is finalized, expected within approximately two months. Any further significant developments will be communicated promptly.
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